While NFTs have been promoted as a way for artists to bypass record labels and retain greater control over revenue, sales have fluctuated. Music NFTs saw notable early successes in 2021, including ...
The top NFT trends to watch out for are the rise of utility NFTs, the tokenization of real-world assets, NFTs in the music industry, hybrid NFTs, Bitcoin NFTs, and the gaming expansion of digital ...
Sony’s blockchain venture, Soneium, has taken a major step into the Web3 music space by launching its first-ever music NFT collection. Partnering with Coop Records, an on-chain record label known for ...
Most artists find it challenging to sustain viable business models through Web3 projects. Music NFTs became popular in 2021, and some artists managed to sell millions of NFT albums. However, ...
BAYC is one of the most successful NFT projects, featuring a collection of 10,000 unique Bored Ape NFTs. Each ape serves as a membership card to an exclusive community. The project utilizes IPFS for ...
Back at the height of NFTs-excitement in the music industry in 2022, Music Ally wrote about Swedish startup Anotherblock, which was selling NFTs with music royalties attached. It raised a $2.5m ...
Soneium launched on mainnet on Jan. 14, 2025, with an aim to provide fair distribution of profits to creators. Sony’s public blockchain platform Soneium announced today the first collection of music ...
As one popular way to utilize them, non-fungible tokens (NFTs) have quickly commanded a ... For example, The Musician Marketplace focuses on music compositions, and NBA Top Shot is the officially ...
Love Pokémon, sports, or wrestling cards? Courtyard.io is an NFT marketplace that turns them into NFTs backed by physical ...